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CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2022
Dec. 31, 2021
Current assets    
Cash and cash equivalents $ 2,906,074 $ 2,103,677
Accounts receivable, net 209,777 114,515
Inventories, net 91,781 97,163
Advance to suppliers 1,732 1,732
Prepaid expenses and other assets, net 27,470 75,686
Due from related parties 0 (6,893)
Assets of disposal group 0 4,460,637
Total current assets 3,236,834 6,846,517
Retention receivables 0 0
Deferred tax assets, net 22,703 0
Property and equipment, net 844,613 24,132
Intangible assets - customer relations 130,434 0
Goodwill 3,905,735 0
Total assets 8,140,319 6,870,649
Current liabilities    
Notes payable 0 0
Accounts payable 2,631 0
Other payables and accrued liabilities 38,388 12,407
Advance receipts 42,880 0
Due to related parties 18,919 39,341
Warrant liability 1,179,768 312,320
Long-term secured other borrowing – current portion 214,913 0
Dividend payable 22,312 6,312
Income tax payable 1,920 6,632
Bank borrowing 0 0
Disposal VIE liabilities 0 1,723,673
Total current liabilities 1,521,731 2,100,685
Deferred tax liabilities, net 0 0
Long-term secured other borrowing 436,341 0
Total liabilities 1,958,072 2,100,685
Commitments and contingencies 0 0
Equity    
Common stock ($0.001 par value; authorized 200,000,000 shares; 9,243,587 shares and 7,071,920 shares issued and outstanding as of December 31, 2022 and 2021, respectively) (1) 9,243 7,071
Preferred stock ($0.001 par value; authorized 10,000,000 shares; Series A Preferred Stock, 2,000,000 authorized, 80,000 shares issued and outstanding as of December 31, 2022 and 2021, respectively) 80 80
Additional paid-in capital (1) 20,484,518 14,476,241
Statutory and other reserves 191,219 191,219
(Accumulated losses) retained earnings (14,747,461) (9,918,553)
Accumulated other comprehensive loss 103,594 13,906
Total Nocera, Inc.’s stockholders’ equity 6,041,193 4,769,964
Non-controlling interests 141,054 0
Total equity 6,182,247 4,769,964
Total liabilities and equity $ 8,140,319 $ 6,870,649